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Jul 9, 2013
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here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary cut in half. it's pretty obvious what's been happening. the major category of trade deficits is energy imports. energy. because we are not self-sufficient in energy production in this country. part of the answer lies in new energy systems. systems that even nasa has helped us to begin to invent. yes, in the solar fields. yes, in new hydrogen technologies like cryogenic hydrogen. yes, in natural gas. thank goodness the department invested in fossil fuel technologies. that's where the fracking technologies came from. it came from thinking about the
here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary...
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Jul 10, 2013
07/13
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we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization. there is a track record continually of the person that accused us of doing it of doing it himself, of let me say that he is accurate. i'd be happy to yield. mr. manchin: if i could, i want to thank the good senator for working in such a bipartisan manner. this bill haif this bill has bed as belonging to one party or the other, it is wrong. we sat down together, senator cobun, senator a aalexander, senator burr, and we had senator carperrer and looked at how we could fiction something. this deadline hit, we knew one year ago when we extended it, they said it was a political
we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization....
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Jul 12, 2013
07/13
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MSNBCW
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we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about that budget deficit that we do not have. and the deputy manager of the program to land this drone on the "u.s.s. george h.w. bush" says he is furloughing in place on the aircraft carrier while the drone is finally completing its historic landing. this is basically how it goes in the nonsense hold that we call the american congress right now. in that nonsense hole, house republicans find themselves digging deeper and deeper and deeper with no real plans on how to get out. i, though, have an idea for how to help them. do you remember the big deal in washington right now is that
we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about...
SFGTV2: San Francisco Government Television
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Jul 8, 2013
07/13
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doesn't mean we don't have a deficit. we still have a deficit in the budget. this year coming $123 million, and the second year in the budget covering 2014/15 has $256 million deficit. we are not out of woods. but these numbers are better than $500 million and $700 million budget deficits that we used to have a few years ago. our city is doing better. we are concerned about how to fulfill that deficit. but we are also concerned about what is happening to seniors, what is happening to youth. what is happening to families. our open space. our small businesses. our environment. we are all concerned about that as well. of course i must say about our housing authority as well. so we are taking on a lot of responsibility and because we are and because we are very busy doing the work we are. sometimes we need your input to steer us in the right direction for what things you think are important. so we are open to that. and we want to hear from you tonight. enough speeches. let's get on with it. may i have a couple words from supervisor avalos and farrell. >> thank you
doesn't mean we don't have a deficit. we still have a deficit in the budget. this year coming $123 million, and the second year in the budget covering 2014/15 has $256 million deficit. we are not out of woods. but these numbers are better than $500 million and $700 million budget deficits that we used to have a few years ago. our city is doing better. we are concerned about how to fulfill that deficit. but we are also concerned about what is happening to seniors, what is happening to youth....
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Jul 11, 2013
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estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children, and seniors who rely on the nutrition program in a desperate attempt to win political points with their conservative base. after an embarrassing, chaotic defeat of their last proposal, they decide to make a bad situation worse. this proposal strips out the entire nutrition title, putting families and children at risk of going hungry. givemade a clear choice to subsidies to corporations at the expense of the hungry and poor. today house republicans are telling hungry children, food banks who he meet the need of their communities. and low-income citizens, their needs don't ma
estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children,...
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Jul 8, 2013
07/13
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and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from passing legislation to reform the ailing postal service. he refused to even take it up last congress. didn't even take it up. sticking to the hastert rule prevented the house from passing a measure that would give brick-and-mortar stores parity. we passed it on a bipartisan vote here, mr. president. i mean it's heartbreaking all over america, i see it in nevada to go by these strip malls and you see these places that if they had the advantage of not having to pay sales tax -- that's what happens on line -- they would be in business. they would go back into business if the online -- the sales tax would h
and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from...
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Jul 11, 2013
07/13
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today those of us who came to town to cut spending, reduce the deficit, reduce the size of government, and make reforms have a real opportunity to walk the walk. this farm bill does all of those things. this bill is going to save taxpayers $19.3 billion. it's going to repeal or consolidate more than 100 programs at usda. and it's going to repeal the direct program. something that many of my farmers and ranchers back home are -- do not want to give up. the farm bill also does a couple other things. it is being considered separately on its own merits. as many in this body have called for, and it replaces antiquated permanent law so we don't face things like the dairy cliff tend of the year anymore. the bill before us reforms not just the politics of the farm bill, but the process as well. this farm bill has earned our support and i urge my colleagues to vote yes. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from minnesota is recognized. mr. peterson: i yield two minutes to the distinguished minority whip, the gentleman from maryland, mr. hoyer. the spe
today those of us who came to town to cut spending, reduce the deficit, reduce the size of government, and make reforms have a real opportunity to walk the walk. this farm bill does all of those things. this bill is going to save taxpayers $19.3 billion. it's going to repeal or consolidate more than 100 programs at usda. and it's going to repeal the direct program. something that many of my farmers and ranchers back home are -- do not want to give up. the farm bill also does a couple other...
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y el dÉficit se reducirÁ en 850 mil millones. pero muchos rechazan la legislaiÓn de los indocumentados aunque le cueste votos. >>> los republicanos y sus lideres discutieron cÓmo proceder con la reforma, una reuniÓn decisiva para el futuro de su partido con los votantes hispanos, dijeron que para finales de julio tendrÁn algunas medidas, nada como la ley integral del senado y sin una resoluciÓn antes del receso. esperamos una reforma amplia, que lidie con los 11 millones de aquÍ. >>> y al final de este proceso vamos a encontrar los votos, pero serÁ largo el proceso. >>> aquÍ reconocen que apoyan una reforma amplia con camino a la ciudadanÍa, pero estÁ en manos de joe biden en que su partido no se distancie mÁs. y dicen que tratan de conseguir votos de congresistas en distritos con gran cantidad de hispanos. >>> tenemos que impulsar la polÍtica pÚblica, se trata de tener un paÍs mÁs fuertes y que esta naciÓn represente a toda nuestra comunidad, pero hay condiciones, la seguridad fronteriza deberÁ certificarse ante
y el dÉficit se reducirÁ en 850 mil millones. pero muchos rechazan la legislaiÓn de los indocumentados aunque le cueste votos. >>> los republicanos y sus lideres discutieron cÓmo proceder con la reforma, una reuniÓn decisiva para el futuro de su partido con los votantes hispanos, dijeron que para finales de julio tendrÁn algunas medidas, nada como la ley integral del senado y sin una resoluciÓn antes del receso. esperamos una reforma amplia, que lidie con los 11 millones de...
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why is the trade deficit still soaring? why? >> by the way, i have to get out. i can't get in. >> there's a manufacturing renaissance. >> why are we losing jobs? >> it's called energy. >> we are producing more with fewer workers. it's amazing. >> by the way, not only are we importing less and less energy, we are going to be exporting more and more energy and it will bring the trade deficit to almost nothing which will give me a strong dollar, king dollar is going to look great. the inflation rate which is now 1% will go to 0% and you'll worry about deflation. >> then we're going to start 3-d printing gold. it will plummet even faster. >> gold is about 1,000 bucks an ounce. thank you, gentlemen. we appreciate it. >>> all hail the state of south dakota. cnbc has just named it as the number one state for business in america. and the man who puts that list together, cnbc's scott cone joins us live from the foot of mount rushmore. he'll explain. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it'
why is the trade deficit still soaring? why? >> by the way, i have to get out. i can't get in. >> there's a manufacturing renaissance. >> why are we losing jobs? >> it's called energy. >> we are producing more with fewer workers. it's amazing. >> by the way, not only are we importing less and less energy, we are going to be exporting more and more energy and it will bring the trade deficit to almost nothing which will give me a strong dollar, king dollar is...
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Jul 14, 2013
07/13
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the utica shale in new york would erase the new york deficit. we're not sticking one drill bit in that either. we have oil all over this country. we are not tracki fcking anywhe because we don't have an epa who will stand up and say, we need to do this or this to make it safe. it's all the above angs. we don't have that because we have no plan. there's been four environmental studies on the keystone pipeline. all are clean. we aren't doing it for wha reason reason. who knows? >> steve, maybe you know. >> i'm with anwar and keystone pipeline. but with fracking causing earthquakes increighing threefold you'd be careful toing that in cal kpal. >> tracy, go ahead. >> brenda, i think one piece we're missing are state taxes. this piece of the gasoline price is not going away. that will continue to go up. couple that with gasoline prices going up higher than our wages. that's the bottom line. >> gary v, it will have an impact on the economy, don't you think? >> absolutely. you know, i want to get back to the point that jonas was making. you know, while
the utica shale in new york would erase the new york deficit. we're not sticking one drill bit in that either. we have oil all over this country. we are not tracki fcking anywhe because we don't have an epa who will stand up and say, we need to do this or this to make it safe. it's all the above angs. we don't have that because we have no plan. there's been four environmental studies on the keystone pipeline. all are clean. we aren't doing it for wha reason reason. who knows? >> steve,...
SFGTV2: San Francisco Government Television
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even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential. second, you have to look at raising revenue in the city. i think it needs to be a combination. and third, need to be much better informed, and we have to ask our public employees to look at the budget. and they already have, but also to look back. it is a threefold approach to me. >> what are the city's housing needs him much of the board of supervisors to to address them? supervisor kim: it is tough, because we depend on the market to build housing for our residents we build at over 150% of the need. we are building over the need of the market rates. we are actually building at roughly 80% of that need
even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential....
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Jul 9, 2013
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any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their proposal. president obama came out with a proposal on student loans. the first president since 1958, first president, not democratic president, first president, democrat or republican, to propose going from a 91 t-bill date to a ten-year treasury note. no other president suggested that. secondly, no president since 1958, no president, has advocated removing the cap. president obama in his proposal proposed removing the cap. well, i believe it's safe to say that our caucus said no, we're not going to do that. we're not going to lift this key consumer protection of having an intere
any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their...
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this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer dollars to the united states enrichment corporation. because the report is pending, t is in the best interest of hard-earned taxpayer dollars we suspend aid until we have more information as to what the company is doing with the money it is receiving. the united states enrichment corporation is so poorly run, last may the new york stock exchange threatened to delist them due to its financial health. articles over the years have documented its financial woes and the near monthly collapse of its stock prices. during the june share holders' meeting, 80% of th
this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer...
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Jul 12, 2013
07/13
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KRON
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they were done then to reduce layoffs in the face of a record budget deficit. union officials say the ruling means more officers will leave the department for higher pay elsewhere. the city has proposed either a two- percent pay raise for all officers or a two - and-a- half percent raise for those officers already at the top of the scale. pablo sandoval hit his first home run since may 21, and all-star madison bumgarnerallow just four hits in seven innings as the giants beat the padres 4-2. seven innings as the giants b[ male announcer ] to all you burger aficionados... show your love. 'cause mcdonald's just topped perfection with the all-new quarter pounder burgers. three delectable choices. new quarter pounder burgers. another new way to love mcdonald's. ♪ the lefty struck out six and walked one. the win moves the team into crystal geyser is always bottled at the mountain source. crystal geyser. crystal geyser. crystal geyser. then we deliver it directly to you. >>erica: thanks for liking up to the kron4 morning news. at 455 we are focusing on the forecast.
they were done then to reduce layoffs in the face of a record budget deficit. union officials say the ruling means more officers will leave the department for higher pay elsewhere. the city has proposed either a two- percent pay raise for all officers or a two - and-a- half percent raise for those officers already at the top of the scale. pablo sandoval hit his first home run since may 21, and all-star madison bumgarnerallow just four hits in seven innings as the giants beat the padres 4-2....
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according to congressional budget office, the immigration bill would cut the deficit by nearly $200 billion over the next decade. critics say that conclusion is based on washington accounting tricks. using social security and medicare payroll contributions from newly legalized workers to find spending elsewhere. eventually all the money would have to be used to pay for the benefits that the workers would draw during their retirement. kid is amazing. accoing to the heritage foundation once the amnesty recipients reach retirement age the annual net cost to taxpayers will reach $160 billion per year now, if those numbers are rrect this is not a great ide remember, it was the congressional budget office that initially projected obamacare would cost 900 billion over ten years. now as they revise a further they double their estimate. these are vy early estimates. i think even the congressional budget office would agree. and then there is the little matter of loopholes dollars a big deal in washington. the word whenever appears in the gang of a legislation 94 times. given the power to grant waiver
according to congressional budget office, the immigration bill would cut the deficit by nearly $200 billion over the next decade. critics say that conclusion is based on washington accounting tricks. using social security and medicare payroll contributions from newly legalized workers to find spending elsewhere. eventually all the money would have to be used to pay for the benefits that the workers would draw during their retirement. kid is amazing. accoing to the heritage foundation once the...
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Jul 9, 2013
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the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague from colorado said it was dead on arrival when it went to the senate. it was dead on a bipartisan basis when it went to the senate. the time has come now to defeat the previous question so that we can bring the one-year fix to make sure that students are protected from the doubling of the interest rates that is now occurring because of the inaction by the republicans in the house of representatives. i yield back the balance of my time. the speaker pro tempore: the gentleman from california yields back the balance of his time. the gentleman from colorado reserves. the gentleman from texas is recog
the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague...
SFGTV2: San Francisco Government Television
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[laughter] >> that being said, i do believe that deficits in certain essential aminnow acids and other types of things can certainly increase people's impulsivity. they can increase people's chances of not -- of those types of things, yeah. >> and one final question and i'm going to rephrase it a little bit, but why is it that we treat people who have, say, traumatic brain injuries or other diagnosed mental illnesses in the criminal justice system rather than in the mental health system? [applause] >> so what i showed you today was to give you that exact what is neuroscience doing in the legal is system and so that person of the person with the tumor, you could all see that and so can a radiologist. but the else that we do know of those images. no radiologist can just see by looking at them. we are so sensitive to individual differences in i.q., in age, in all of these different availables, psychopathy scores, whatever it is, we can develop beautiful pictures of these things. so the question is, how is the legal system going to deal with all of these different, you know, images and oth
[laughter] >> that being said, i do believe that deficits in certain essential aminnow acids and other types of things can certainly increase people's impulsivity. they can increase people's chances of not -- of those types of things, yeah. >> and one final question and i'm going to rephrase it a little bit, but why is it that we treat people who have, say, traumatic brain injuries or other diagnosed mental illnesses in the criminal justice system rather than in the mental health...
SFGTV2: San Francisco Government Television
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Jul 13, 2013
07/13
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staffing shortage and the department is requesting to reallocate salary funding to make up for the deficit. we can talk a little bit more about that next week. while we were able to add 48 members to our workforce in the last academy that graduated in december, those numbers didn't enter until december and the department was forced to use mandatory overtime shifts very heavily over the summer and into the fall of last year. the request will be before the committee again next week and we'll be happy to provide additional information. in fact, if there is something specific that you would like us to present on that particular item next week, if you provide us with that any time before then, we'll have that specifically for you next week. and the other thing, i think it came up either from supervisor breed or one of the other members of the committee, we did do some looking at the percentage of overtime as a result of overall budget. and our overtime costs were approximately 13% of personnel costs. and the -- i don't want to say industry standard, but what's common in the industry in the fire
staffing shortage and the department is requesting to reallocate salary funding to make up for the deficit. we can talk a little bit more about that next week. while we were able to add 48 members to our workforce in the last academy that graduated in december, those numbers didn't enter until december and the department was forced to use mandatory overtime shifts very heavily over the summer and into the fall of last year. the request will be before the committee again next week and we'll be...
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if you want to reduce the deficit, investing in education. thank you very much. >> the house today approved a farm bill by a vote bill2126- 216-208. opposed theucus farm bill and launched a protest. here is that debate. >> further embellishments will result in a deduction of time from the yielding member. ther. speaker, i yield to gentleman from florida, mr. hastings for unanimous consent. >> i ask unanimous consent to revise and extend my remarks in very strong opposition to the farm bill and underlying bill because it takes the safety net away from american families. >> without objection, the time is charged. >> i yield to the gentleman from new york. >> thank you. i ask unanimous consent to revise and extend my remarks in strong opposition to the farm bill rolen the airline bill because it hurts america's children. correct -- rule and the underlying bill because it >> mr. speaker, and ask unanimous consent to revise my remarks. >> without objection. >> the gentleman from massachusetts. >> i yield to the gentlewoman from florida. >> i ask u
if you want to reduce the deficit, investing in education. thank you very much. >> the house today approved a farm bill by a vote bill2126- 216-208. opposed theucus farm bill and launched a protest. here is that debate. >> further embellishments will result in a deduction of time from the yielding member. ther. speaker, i yield to gentleman from florida, mr. hastings for unanimous consent. >> i ask unanimous consent to revise and extend my remarks in very strong opposition to...
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that wipes out the california deficit. if we had a national energy plan, we could create millions of jobs by knowing if a pipeline works or if a pipeline doesn't. we are the only developed country in the world not having one. that does hurt. >> jim, take him on. >> we've got a lot of part-time workers in this jobs report. why is that? because of government mandate reting to obama care. whether it's crowding out or red tape, they are not creating a big playing field for small businesses and that's why small businesses are not hiring. >> okay. two texans get the last word. thanks, guys. >>> young americans getting restless. a new poll shows their trust in d.c. is fading, overall nsa snooping. why at could help support for big government in d.c. that's at the bottom of the hour. but up here first, employers may have dodged the health care law for another year, but you may not be so lucky. remember this? >> if you like your health care plan, you'll be able to keep caused that accident. >>> delaying the employer mandate has som
that wipes out the california deficit. if we had a national energy plan, we could create millions of jobs by knowing if a pipeline works or if a pipeline doesn't. we are the only developed country in the world not having one. that does hurt. >> jim, take him on. >> we've got a lot of part-time workers in this jobs report. why is that? because of government mandate reting to obama care. whether it's crowding out or red tape, they are not creating a big playing field for small...
SFGTV2: San Francisco Government Television
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i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and understand and treat them. it's a small percentage. my goal is to develop better treatment so they can keep them off that trajectory towards life course persistent problems. >> are you saying that people that have the brain structure that you have identified will always be lacking in volitional control or impulse receive to the extent that they are criminals? do we have a subset of people that are criminals because of their brains? >> i should really differentiate psychopathy from criminality. there are a lot of reasons why individuals engage in different criminal activity. it's a very small percentage of p
i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and...
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Jul 7, 2013
07/13
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if you look prior to 1970 and what the federal deficit gdp ratio over time from the revolution what you think the pitcher with a klay? not numbers, just shapes. yes. is "war and peace." not just united states i could've said britain or fate france but prior to 1970 the debt would rise in wartime and in peacetime spending fell and ratio's decline to afterwards there was a large spending and social security and medicare with social welfare spending without the industrial world increased the debt to gdp ratios substantially where tim and i come down is that this is not a book about policy or economics. we see it as a political problem and each of these great powers have a system that is too polarized to do with the problem right in front of their eyes. and to get out of it is three things. the standard e economist joke, and the game of basketball and reading the audience. i can look you and tell you the economics was the favorite class in college. how does that look? and you remember the classic economic -- economists joke which we hate but of course, it is the economist and a physicist ar
if you look prior to 1970 and what the federal deficit gdp ratio over time from the revolution what you think the pitcher with a klay? not numbers, just shapes. yes. is "war and peace." not just united states i could've said britain or fate france but prior to 1970 the debt would rise in wartime and in peacetime spending fell and ratio's decline to afterwards there was a large spending and social security and medicare with social welfare spending without the industrial world increased...
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Jul 10, 2013
07/13
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another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard lindsen with m.i.t.. his quote was that regulating carbon is a bureaucrat's dream. if you regulate carbon, you regulate life. you control life. that's what bureaucrats want to do. that's what the environmentalists want to do in controlling our lives. they want to determine what cars we drive, what kind of houses we live in, how our cities are built, and all of that. and they can do all of this by regulating carbon dioxide. and democrats particularly in the senate have been unsuccessful in passing legislation to accomplish this. this is the key. it was way back d
another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard...
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Jul 10, 2013
07/13
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CNBC
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it's a form of deficit funding. and that is building up on this side. >> the other problem is, too, these people were promised something. i understand government workers. i'm the first one to criticize them for getting sweetheart deals. but if they were promised something, they should be made hold as well. a lot of them took less money in favor of pensions and less stuff down the road. ultimately we know who is to blame. the politicians who didn't want to go to the taxpayers and say we've got to pay these people more now. >> part of it -- >> we've got to go, steven. i don't know the guy and i don't have a stake in the book, but read it. it came out a while ago. i finished it in three days f you want to read about the ultimate functionality, money for firehouses that didn't exist, people not paying taxes because they have no services but there's no services because they are not paying taxes. that's the toilet bowl of a city finances. i don't know charlie. seems like an interesting guy. i'd like to meet him some day.
it's a form of deficit funding. and that is building up on this side. >> the other problem is, too, these people were promised something. i understand government workers. i'm the first one to criticize them for getting sweetheart deals. but if they were promised something, they should be made hold as well. a lot of them took less money in favor of pensions and less stuff down the road. ultimately we know who is to blame. the politicians who didn't want to go to the taxpayers and say we've...
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Jul 6, 2013
07/13
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guest: i think that the trade deficit had been an issue for the u.s. there have been a lot of jobs, essentially we opened up ourselves to the world from a global trade perspective and we didn't really put a lot of emphasis on making sure that the other countries that we were doing business with had, say, the same labor standards, the same pay levels. so many american workers were thrown into competition with a huge global competition with workers willing to be paid a lot less. so a lot of that work was transferred there. some people say that's the way it goes and how the global economy moves around. that might be the case. but that doesn't mean there aren't jobs americans can't do. and the definition of doing something that your caller -- i agree that there are do-nothing jobs in every organization probably. but the point that your caller was making i think there are -- the definition of doing something is very broad and there are a lot of thing that is need to be done in this country including services jobs that aren't getting filled by the private se
guest: i think that the trade deficit had been an issue for the u.s. there have been a lot of jobs, essentially we opened up ourselves to the world from a global trade perspective and we didn't really put a lot of emphasis on making sure that the other countries that we were doing business with had, say, the same labor standards, the same pay levels. so many american workers were thrown into competition with a huge global competition with workers willing to be paid a lot less. so a lot of that...
SFGTV2: San Francisco Government Television
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Jul 10, 2013
07/13
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we face was estimated to be a $400 million deficit this fiscal year. potentially growing next fiscal year. it all comes back to that in many ways. we have a growing pension and retiree health care problem that is huge and looming and getting worse. as important, we have a huge unemployment rate here in san francisco. it is about 9.6% right now, and the fact that we have not done much about that in city hall i think is about to change. that is certainly something i will be focused on, putting people back to work. it is an individual issue, but it is a family issue, and we have a lot of families still struggling, and a think people have lost sight of that. hopefully, we will be getting out of this recession soon, but we need to do a lot in city hall to accelerate getting out of the recession, making sure families are back at work, making sure children are provided for. that is my biggest priority. >> talk about the issues facing your district specifically and how you are going to balance the issues facing the city at large against those in your district.
we face was estimated to be a $400 million deficit this fiscal year. potentially growing next fiscal year. it all comes back to that in many ways. we have a growing pension and retiree health care problem that is huge and looming and getting worse. as important, we have a huge unemployment rate here in san francisco. it is about 9.6% right now, and the fact that we have not done much about that in city hall i think is about to change. that is certainly something i will be focused on, putting...
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Jul 10, 2013
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it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his time. for what purpose does the gentleman from new jersey seek recognition? mr. frelinghuysen: i move to strike the last word, mr. chairman. the chair: the gentleman is recognized for five minutes. to relinghuysen: i rise oppose the gentleman from georgia's amendment. the amendment -- his amendment is overly broad and would prevent the department of energy, the army corps of engineers, the bureau of reclamation, the national nuclear security agency, all agencies covered under our bill from leasing our purchasing any new vehicles. i understand my colleague's concerns with the s
it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his...
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Jul 10, 2013
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that are better used to invest in the future and paying off our deficit. we simply cannot afford to spend taxpayer dollars on research, the private sector can do better and taxpayers should not be asked to provide additional support to an industry that consistently has record-breaking profits. our energy sector has some of the of the most promising ideas and technologies in the world. our energy policy, however, is horribly outdated. h.r. 2609 slashes research and development for renewable energy by some 60% and adds additional money that the administration either want -- neither wants nor needs to research fossil fuels and clean coal. at the same time it continues to spend far too much on fossil fuel r&d. in fact, we dole out more fossil fuel subsidies than any other country. more than $500 billion in 2011. and they often go to expensive projects with little upside. the fact is we don't need to spend taxpayer money this way. fossil fuel companies are highly profitable, posting some of the highest profits in the world, and they can shoulder than other r&d
that are better used to invest in the future and paying off our deficit. we simply cannot afford to spend taxpayer dollars on research, the private sector can do better and taxpayers should not be asked to provide additional support to an industry that consistently has record-breaking profits. our energy sector has some of the of the most promising ideas and technologies in the world. our energy policy, however, is horribly outdated. h.r. 2609 slashes research and development for renewable...
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Jul 9, 2013
07/13
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i am not against smart cuts to reduce our debt and our deficit. these kinds of burdens on students, using them as a deficit solution, is not a smart cut, and that is an understatement. in the long term, we thaoed to reduce -- we need to reduce the cost of higher education which has increased over the last few decades by 1,000 percent. that's the result of year after year overinflationary increases in tuition which over time have amounted to make a college degree unaffordable to all but the most well off unless they use that kind of financially crippling debt to attend. the age of supporting one's self through a four-year college degree is passed for most. this unfortunate trend has been coupled with more and more employers requiring a graduate degree for even consideration in the hiring pool. and so, the doubling of interest rates is indeed indefensible, as irene mulvey. it is indeed unacceptable in the greatest nation in the history of the world which must continue the quality and affordability of higher education if we are to remain the greatest
i am not against smart cuts to reduce our debt and our deficit. these kinds of burdens on students, using them as a deficit solution, is not a smart cut, and that is an understatement. in the long term, we thaoed to reduce -- we need to reduce the cost of higher education which has increased over the last few decades by 1,000 percent. that's the result of year after year overinflationary increases in tuition which over time have amounted to make a college degree unaffordable to all but the most...
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Jul 9, 2013
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you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us will mean students could be locked in at rates over 8% in just a few short years. and in fact, it would be better to absolutely do nothing now than to take up and pass the republican bill. you know, i bet everybody listening knows a family member or a coworker who is up to their neck in student debt. it is a weight that keeps them from helping to grow our economy or start a family or take risks with their careers. and it's a weight that is not easily shed. we can't continue to do this, to generation after generation of college students and expect to be able to compete
you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us...
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Jul 6, 2013
07/13
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deficit and energy policy. honeywell is a fortune 100 consumer t produces goods for airo space systems. >> well, welcome, everyone. this is a delight to be able to speak with dave cote. we're going to cover a variety of topics today so we'll jump right in. everything from the debt, as john mentioned, and the riskyness of being on risk committees. interestingly, there's kind of a larger topic maybe to address first, which is that honeywell is in more than 150 countries. it is a diverse conglomerate. it has business in everything from emissions controls to avionics to protective clothing. i would imagine you are able to kind of give us a better read on the kind of global economy at this stage of the game than the imf could. could you give us a sense of what's happening out there? where is growth likely to come from? >> right now, in my view, not much is happening at all. i was talking with bob earlier and we were kind of comparing notes. i hope ben bernanke is right. i'm not an economist or a forecaster so i have
deficit and energy policy. honeywell is a fortune 100 consumer t produces goods for airo space systems. >> well, welcome, everyone. this is a delight to be able to speak with dave cote. we're going to cover a variety of topics today so we'll jump right in. everything from the debt, as john mentioned, and the riskyness of being on risk committees. interestingly, there's kind of a larger topic maybe to address first, which is that honeywell is in more than 150 countries. it is a diverse...
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Jul 10, 2013
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in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was writing a check. >> she never cashed it! >> the war room. >> compared to other countries with tighter gun safety laws our death toll is just staggering. >> the young turks. >> the top bankers who funneled all the money to the drug lords, no sentence. there's just no justice in that. >> viewpoint. >> carl rove said today that mitt romney is a lock to win next pope. he's garunteeing it. >> joy behar: say anything. >> is the bottom line then that no white person should ever, ever, ever use the "n" word? >> yes! >> only on current tv. >> stephanie: it is "the stephanie miller show." welcome to it. six minutes after the hou
in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was...
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Jul 11, 2013
07/13
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FBC
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fiscal deficit is 510 billion. down from the 504 billion in the same period in the last fiscal year, a decrease of $400 billion. some of that of course caused by the, due to the tax increases that kicked in january 1st on upper income families and for payroll taxes, but budget experts flag ad couple of other things in this surplus this month. for example, revenues were boosted by one-time dividend payments of $59 billion from fannie mae and freddie mac. and another case we saw some moving around of the timing of certain payments that ordinarily would have made in june but were instead moved back to i believe the end of may. so that reduced some of the outlays in june by 34 billion. right there that is $100 billion in deficit reduction alone. tracy and ashley, back to you. tracy: quirky calendar. that sounds quirky to me. you're keeping eye on the senate banking hearings, dodd-frank, right? 3 1/2 years we're into this and we still don't know what the heck is going on. peter, did we lose you? >> i'm here. tracy: what
fiscal deficit is 510 billion. down from the 504 billion in the same period in the last fiscal year, a decrease of $400 billion. some of that of course caused by the, due to the tax increases that kicked in january 1st on upper income families and for payroll taxes, but budget experts flag ad couple of other things in this surplus this month. for example, revenues were boosted by one-time dividend payments of $59 billion from fannie mae and freddie mac. and another case we saw some moving...
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Jul 10, 2013
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the european countries since the problems began or we have seen it in stocks in our market because of deficit funding or debt ceiling issues or the sequester. when things are good we forget about the pernicious impact of aggressive short selling without limits but when they're bad we feel them plenty and they're not fair. i hate it. short sellers aren't the only risk. we now have etfs of mass destruction. double, triple leverage. exchange traded funds that give you two or three times the short selling bang for your buck. these are etfs that exist for day traders. that's not the point of the stock market, is it? they don't work for long-term or medium term investors. they rebalance every day. take the skf. that's the ultrashort financial proshares. you think it would have made people money during the financial crisis. many of them got wiped out. wouldn't this be the instrument of choice? wrong. it actually lost you money. one of the worst years in bank stock history, and that's what happened? how is this possible? these etfs are designed to track day-to-day changes. at the end of every day the
the european countries since the problems began or we have seen it in stocks in our market because of deficit funding or debt ceiling issues or the sequester. when things are good we forget about the pernicious impact of aggressive short selling without limits but when they're bad we feel them plenty and they're not fair. i hate it. short sellers aren't the only risk. we now have etfs of mass destruction. double, triple leverage. exchange traded funds that give you two or three times the short...
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Jul 10, 2013
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the congressional budget office says the bill would cut the federal budget in the deficit by $850 billion over the next 20 years as well. >>> firefighters working to get the upper hand on a wildfire threatening homes east of san diego. the chariot fire burned 11 square miles. it's 40% contained, threatening 120 homes near the town of julienne 60 miles east ofization. firefighters say calm winds helped them make progress yesterday. the cause of the fire is still under investigation. >>> 4:49. talk little league baseball. a team of kids, they get sponsors for these teams. one in ohio has a grammy-award winning band backing it, which is cool. they play as well as they look. we'll show you how, next. >>> the photo, a south bay native appearing nude in a major magazine. >> that wasn't me. looking at golden gate bridge. smooth flow of traffic. lights visible across the span. an issue for highway north bay coming up. >>> a live look outside. that is from the south bay in the predawn before the sun comes up. nice cooler day. christina loren telling us about out there. maybe enjoy it. >>> welcome
the congressional budget office says the bill would cut the federal budget in the deficit by $850 billion over the next 20 years as well. >>> firefighters working to get the upper hand on a wildfire threatening homes east of san diego. the chariot fire burned 11 square miles. it's 40% contained, threatening 120 homes near the town of julienne 60 miles east ofization. firefighters say calm winds helped them make progress yesterday. the cause of the fire is still under investigation....
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Jul 12, 2013
07/13
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KTVU
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cut the deficit 2-1. 6th inning add some bush to this line up. pablo scores 2-2. into the seventh two runs. a variable -- over the head of the left fielder and he has himself a double. he had three hits, pablo scored two runs tonight. and there's the guy you get kicked out of the game when you take a bat from a young lady sitting next to you. not really. he was just getting it taken care of. meanwhile, festive and intense. upcoming weekend for the a's. first place teams for the east and west a bit of a reunion as well. and he's doing damage tonight. that is johnny gomes. big part of the a's success. robbing justin smoke of the mariners and the sox will win. bay area product nava. >>> the warriors proudly present their latest prized possession and how the trades to acquire andre iguodala might be remembered as a true turning point with the organization. sports part two, next. medicine called? hat's me one time i took something and i blew up like a puffer fish. i'm probably allergic to that. at kaiser permanente, your medical information is available to you and your
cut the deficit 2-1. 6th inning add some bush to this line up. pablo scores 2-2. into the seventh two runs. a variable -- over the head of the left fielder and he has himself a double. he had three hits, pablo scored two runs tonight. and there's the guy you get kicked out of the game when you take a bat from a young lady sitting next to you. not really. he was just getting it taken care of. meanwhile, festive and intense. upcoming weekend for the a's. first place teams for the east and west a...
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Jul 12, 2013
07/13
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KICU
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cut the deficit 2-1. 6th inning add some bush to this line up. pablo scores 2-2. into the seventh two runs. a variable -- over the head of the left fielder and he has himself a double. he had three hits, pablo scored two runs tonight. and there's the guy you get kicked out of the game when you take a bat from a young lady sitting next to you. not really. he was just getting it taken care of. meanwhile, festive and intense. upcoming weekend for the a's. first place teams for the east and west a bit of a reunion as well. and he's doing damage tonight. that is johnny gomes. big part of the a's success. robbing justin smoke of the mariners and the sox will win. bay area product nava. >>> the warriors proudly present their latest prized possession and how [ female announcer ] for the freshest produce, you want to be close to the people who are close to the land. [ rooster crows ] that's why safeway works closely with local growers. the folks whose hands are in the soil. planting and nurturing the kind of delicious produce that gets delivered to safeway every single day
cut the deficit 2-1. 6th inning add some bush to this line up. pablo scores 2-2. into the seventh two runs. a variable -- over the head of the left fielder and he has himself a double. he had three hits, pablo scored two runs tonight. and there's the guy you get kicked out of the game when you take a bat from a young lady sitting next to you. not really. he was just getting it taken care of. meanwhile, festive and intense. upcoming weekend for the a's. first place teams for the east and west a...
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Jul 11, 2013
07/13
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it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care bill business and labor were split. business and labor united here. we have evangelicals. we have the agriculture community, both growers and workers. and so to say that this is just like the president health care bill, nothing could be further from the trees. this is just what america wants us to do. work together in a bipartisan way to move forward. so those extreme opponents come they keep coming up with new reasons to oppose the bill. one of their latest is all, our bill is 1000 pages and complicated. well, from what i understand, the bill so they're putting together and t
it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care...
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Jul 10, 2013
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the congressional budget office says that bill would cut the federal budget deficit by $850 billion over the next 20 years as well. >>> you mentioned john boehner and house republicans holding a special meeting on capitol hill this morning. we're taking you live to texas this morning at the george w. bush institute. the podium where the actual former president will address the people there that are meeting on the naturalization and immigration services. he's going to talk about immigration and immigration reform this morning. just giving you a live picture in dallas to keep tabs on it for you. if he says anything significant, we'll bring it to you. >>> firefighters still working to get the upper hand on a wild fire threat. ing homes east of san diego. the chariot fires burned 11 square miles in the cleveland national foreof the. it's 40% contained and threatening 120 homes near julian. firefighters say calm winds helped them make good progress yesterday. cause of the fire is still under investigation. >>> 5:46. warm temperatures all over california for the last couple of weeks. as you po
the congressional budget office says that bill would cut the federal budget deficit by $850 billion over the next 20 years as well. >>> you mentioned john boehner and house republicans holding a special meeting on capitol hill this morning. we're taking you live to texas this morning at the george w. bush institute. the podium where the actual former president will address the people there that are meeting on the naturalization and immigration services. he's going to talk about...
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Jul 11, 2013
07/13
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commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank reserves. i do not think their asset purchases are significantly affecting us. especially when it comes to liquidity policy. >> women ask about the creative policies over the last few years. we are taking actions that are at the edge of traditional independent challenges it comes on the macro credentials side. >> well, that's kind of a political question that i'm not sure i can do justice. and there are good reasons to have monetary policymaking. we all understand those reasons having to do with avoiding short run political intervention in monetary policy. but in many of the other activities, for exampl
commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank...